Is AT&T owned by T-Mobile? Why did AT&T not buy T-Mobile?

AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world’s largest telecommunications company by revenue and the third-largest provider of mobile telephone services in the U.S.

T-Mobile is a telecommunication network of the German telecommunications company Deutsche Telekom AG in the Czech Republic. The T-Mobile brand was first introduced in 1996.

Globally, T-Mobile International’s subsidiaries had a combined total of approximately 230 million subscribers.

Is AT&T owned by T-Mobile?

No, T-Mobile and AT&T are independent businesses that are not affiliated. They are both significant telecommunications companies in the US and direct rivals in the wireless sector.

While AT&T is a publicly traded firm based in the United States, Deutsche Telekom, a German telecom company, owns T-Mobile.

Although there have previously been discussions and speculations about possible mergers or acquisitions between the two businesses, they currently exist as separate legal entities.

Why did AT&T not buy T-Mobile?

In 2011, AT&T made an effort to purchase T-Mobile in a $39 billion transaction that would have united the two biggest US cellphone operators.

The Department of Justice launched a lawsuit to oppose the merger, but it was eventually successful in stopping it from happening.

According to the Department of Justice, the merger would have significantly lessened competition in the wireless sector, raising costs and limiting customer options.

The acquisition would have decreased the number of major cellphone carriers in the United States from four to three because T-Mobile was a considerably smaller role in the wireless market at the time.